Stack Financial Management, Inc
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Stack Financial Management, Inc reported 53 stock positions worth $1.2 billion. Its top holding was Walmart (WMT) at 7.9% of the portfolio, followed by Microsoft (MSFT, 7.5%) and Berkshire Hathaway Class B (BRK.B, 5.4%). Compared with Q4 2024, it opened 4 new positions, sold out of 1, added to 6 and reduced 42. The biggest buy was a new position in Proshares Short S&P500 (SH) and the biggest sale Quanta Services (PWR, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- WHITEFISH, MT
- CIK
- 0001308685
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001308685-25-000007 ↗ filed May 2, 2025
Holdings Value
Holdings 53 stocks · $1.2B
| WMT Walmart Inc. | 7.85% | 1,073,682 | $94.3M | Reduce -0.9% |
| MSFT Microsoft Corp. | 7.48% | 239,362 | $89.9M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.39% | 121,496 | $64.7M | Reduce -1.2% |
| SH Proshares Short S&P500 | 4.63% | 1,248,568 | $55.6M | New |
| CVX Chevron Corp. | 3.88% | 278,337 | $46.6M | Reduce -1.5% |
| ACN Accenture PLC Class A | 3.61% | 138,762 | $43.3M | Reduce -0.9% |
| AEM Agnico Eagle Mines Ltd. | 3.36% | 372,351 | $40.4M | Reduce -1.4% |
| PWR Quanta Services Inc. | 2.89% | 136,342 | $34.7M | Reduce -26.4% |
| WM Waste Management Inc. | 2.86% | 148,149 | $34.3M | Reduce -0.2% |
| AEP American Electric Power | 2.69% | 295,992 | $32.3M | Reduce -1.1% |
| LHX L3HARRIS Technologies Inc. | 2.57% | 147,290 | $30.8M | Reduce -1.1% |
| WPM Wheaton Precious Metals Corp. | 2.32% | 358,479 | $27.8M | Reduce -1.3% |
| PSX Phillips 66 | 2.31% | 224,132 | $27.7M | Reduce -0.6% |
| SYK Stryker Corp. | 2.30% | 74,302 | $27.7M | Reduce -0.7% |
| UNH Unitedhealth Group Inc. | 2.22% | 50,928 | $26.7M | Reduce -0.5% |
| CNP Centerpoint Energy Inc. | 2.21% | 730,983 | $26.5M | Reduce -1.2% |
| EOG EOG Resources Inc. | 2.17% | 203,335 | $26.1M | Reduce -1.5% |
| CBOE Cboe Global Markets Inc. | 2.04% | 108,263 | $24.5M | Reduce -0.6% |
| CI The Cigna Group | 2.04% | 74,451 | $24.5M | Reduce -0.5% |
| DUK Duke Energy Corp. | 1.98% | 194,867 | $23.8M | Reduce -1.8% |
| KO The Coca-Cola Co. | 1.96% | 328,159 | $23.5M | Reduce -2.3% |
| MDLZ Mondelez International Inc. Class A | 1.96% | 346,363 | $23.5M | Reduce -0.3% |
| PCAR Paccar Inc. | 1.71% | 211,408 | $20.6M | New |
| LMT Lockheed Martin Corp. | 1.71% | 45,991 | $20.5M | Reduce -2.3% |
| MRK Merck & Co. Inc. | 1.65% | 220,784 | $19.8M | Reduce -2.0% |
| COP Conocophillips | 1.63% | 185,793 | $19.5M | Reduce -1.0% |
| JNJ Johnson & Johnson | 1.53% | 111,113 | $18.4M | Reduce -1.9% |
| PEP Pepsico Inc. | 1.50% | 120,427 | $18.1M | Reduce -0.7% |
| EMR Emerson Electric Co. | 1.47% | 161,468 | $17.7M | Add +0.1% |
| LH Labcorp Holdings Inc. | 1.45% | 74,635 | $17.4M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 1.37% | 96,675 | $16.5M | Reduce -1.6% |
| MDT Medtronic PLC | 1.36% | 181,040 | $16.3M | Reduce -1.5% |
| DHR Danaher Corp. | 1.32% | 77,556 | $15.9M | Reduce -0.8% |
| AEE Ameren Corporation | 1.31% | 156,888 | $15.8M | Reduce -2.2% |
| IQV Iqvia Holdings Inc. | 1.31% | 89,005 | $15.7M | Reduce -0.1% |
| DTE DTE Energy Company | 1.29% | 112,343 | $15.5M | Reduce -2.0% |
| CAH Cardinal Health Inc. | 1.22% | 106,234 | $14.6M | Reduce -1.8% |
| DOV Dover Corp. | 1.20% | 81,959 | $14.4M | Reduce -1.6% |
| NEM Newmont Corp. | 1.20% | 297,468 | $14.4M | Reduce -1.5% |
| BKR Baker Hughes Co. | 1.07% | 293,296 | $12.9M | New |
| UNP Union Pacific Corp. | 0.99% | 50,496 | $11.9M | Reduce -0.6% |
| CMCSA Comcast Corp. Class A | 0.93% | 302,576 | $11.2M | Reduce -1.6% |
| GPC Genuine Parts Co. | 0.87% | 87,527 | $10.4M | Reduce -1.4% |
| KHC The Kraft Heinz Co. | 0.86% | 339,590 | $10.3M | Reduce -2.3% |
| GDX Vaneck Gold Miners ETF | 0.08% | 21,941 | $1.0M | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 1,378 | $771K | Reduce -14.7% |
| AAPL Apple Inc. | 0.04% | 2,141 | $476K | Add +5.9% |
| XLI SS Industrial Select Sector | 0.02% | 2,139 | $280K | Add +10.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.02% | 5,300 | $271K | Reduce -6.1% |
| JPM JPMorgan Chase & Co. | 0.02% | 1,091 | $268K | Add +9.3% |
| XLV SS Health Care Select Sector | 0.02% | 1,598 | $233K | Add +4.9% |
| XLE SS Energy Select Sector | 0.02% | 2,434 | $227K | New |
| ITW Illinois Tool Works | 0.02% | 860 | $213K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| PWR Quanta Services Inc. | Reduce -26.4% | 2.89% | −2.47 |
| MSFT Microsoft Corp. | Reduce -0.9% | 7.48% | −1.83 |
| WMT Walmart Inc. | Reduce -0.9% | 7.85% | −1.10 |
| ACN Accenture PLC Class A | Reduce -0.9% | 3.61% | −0.90 |
| MRK Merck & Co. Inc. | Reduce -2.0% | 1.65% | −0.40 |
| LMT Lockheed Martin Corp. | Reduce -2.3% | 1.71% | −0.38 |
| DHR Danaher Corp. | Reduce -0.8% | 1.32% | −0.32 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.1% | 2.57% | −0.30 |
| IQV Iqvia Holdings Inc. | Reduce -0.1% | 1.31% | −0.29 |
| DOV Dover Corp. | Reduce -1.6% | 1.20% | −0.23 |
| PEP Pepsico Inc. | Reduce -0.7% | 1.50% | −0.18 |
| SYK Stryker Corp. | Reduce -0.7% | 2.30% | −0.16 |
| UNH Unitedhealth Group Inc. | Reduce -0.5% | 2.22% | −0.15 |
| EOG EOG Resources Inc. | Reduce -1.5% | 2.17% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 1.37% | −0.13 |
| LH Labcorp Holdings Inc. | Reduce -0.9% | 1.45% | −0.13 |
| CMCSA Comcast Corp. Class A | Reduce -1.6% | 0.93% | −0.13 |
| KHC The Kraft Heinz Co. | Reduce -2.3% | 0.86% | −0.12 |
| GPC Genuine Parts Co. | Reduce -1.4% | 0.87% | −0.08 |
| COP Conocophillips | Reduce -1.0% | 1.63% | −0.08 |
| UNP Union Pacific Corp. | Reduce -0.6% | 0.99% | −0.07 |
| PSX Phillips 66 | Reduce -0.6% | 2.31% | −0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -14.7% | 0.06% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -6.1% | 0.02% | −0.00 |
| AEE Ameren Corporation | Reduce -2.2% | 1.31% | +0.00 |
| MDT Medtronic PLC | Reduce -1.5% | 1.36% | +0.01 |
| DUK Duke Energy Corp. | Reduce -1.8% | 1.98% | +0.03 |
| DTE DTE Energy Company | Reduce -2.0% | 1.29% | +0.03 |
| JNJ Johnson & Johnson | Reduce -1.9% | 1.53% | +0.04 |
| KO The Coca-Cola Co. | Reduce -2.3% | 1.96% | +0.05 |
| CAH Cardinal Health Inc. | Reduce -1.8% | 1.22% | +0.05 |
| CNP Centerpoint Energy Inc. | Reduce -1.2% | 2.21% | +0.06 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.3% | 1.96% | +0.06 |
| CBOE Cboe Global Markets Inc. | Reduce -0.6% | 2.04% | +0.09 |
| WM Waste Management Inc. | Reduce -0.2% | 2.86% | +0.12 |
| CVX Chevron Corp. | Reduce -1.5% | 3.88% | +0.14 |
| CI The Cigna Group | Reduce -0.5% | 2.04% | +0.15 |
| NEM Newmont Corp. | Reduce -1.5% | 1.20% | +0.17 |
| AEP American Electric Power | Reduce -1.1% | 2.69% | +0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.2% | 5.39% | +0.29 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.3% | 2.32% | +0.45 |
| AEM Agnico Eagle Mines Ltd. | Reduce -1.4% | 3.36% | +0.66 |
Portfolio Buys Q4 2024 → Q1 2025
| SH Proshares Short S&P500 | New | 4.63% | +4.63 |
| PCAR Paccar Inc. | New | 1.71% | +1.71 |
| BKR Baker Hughes Co. | New | 1.07% | +1.07 |
| XLE SS Energy Select Sector | New | 0.02% | +0.02 |
| GDX Vaneck Gold Miners ETF | Add +0.6% | 0.08% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +9.3% | 0.02% | +0.00 |
| XLV SS Health Care Select Sector | Add +4.9% | 0.02% | +0.00 |
| XLI SS Industrial Select Sector | Add +10.8% | 0.02% | +0.00 |
| AAPL Apple Inc. | Add +5.9% | 0.04% | −0.01 |
| EMR Emerson Electric Co. | Add +0.1% | 1.47% | −0.35 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 54 | $1.3B | WMT, SH, MSFT, PWR, BRK.B |
| Q1 2026 | 52 | $1.4B | SH, WMT, PWR, MSFT, BRK.B |
| Q4 2025 | 59 | $1.3B | WMT, MSFT, SH, BRK.B, CRM |
| Q3 2025 | 51 | $1.2B | MSFT, WMT, BRK.B, PWR, CRM |
| Q2 2025 | 49 | $1.1B | MSFT, WMT, BRK.B, PWR, ACN |
| Q1 2025 | 53 | $1.2B | WMT, MSFT, BRK.B, SH, CVX |
| Q4 2024 | 50 | $1.1B | MSFT, WMT, PWR, BRK.B, ACN |
| Q3 2024 | 48 | $1.1B | MSFT, WMT, BRK.B, PWR, ACN |
| Q2 2024 | 49 | $1.1B | MSFT, WMT, IJR, BRK.B, PWR |
| Q1 2024 | 46 | $1.1B | MSFT, WMT, IJR, BRK.B, PWR |